Giselle, a widow, has an extensive investment portfolio that has appreciated in value. Starting in 2009, she initiates a policy of making annual gifts of securities to her grandchildren who are attending college. Evaluate Giselle's policy in terms of the:

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The Answer of Giselle, a widow, has an extensive investment portfolio that has appreciated in value. Starting in 2009, she initiates a policy of making annual gifts of securities to her grandchildren who are attending college. Evaluate Giselle's policy in terms of the:

Giselle, a Widow, Has an Extensive Investment Portfolio That Has